CASEY'S GENERAL STORES INC (CASY) Stock Fundamental Analysis
NASDAQ:CASY - Nasdaq - US1475281036 - Common Stock
CASY gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 41 industry peers in the Consumer Staples Distribution & Retail industry. CASY scores excellent on profitability, but there are some minor concerns on its financial health. CASY is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
CASY had positive earnings in the past year.
CASY had a positive operating cash flow in the past year.
Each year in the past 5 years CASY has been profitable.
Each year in the past 5 years CASY had a positive operating cash flow.
1.2 Ratios
The Return On Assets of CASY (6.93%) is better than 75.00% of its industry peers.
CASY's Return On Equity of 16.03% is fine compared to the rest of the industry. CASY outperforms 70.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 8.83%, CASY is in the better half of the industry, outperforming 77.50% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for CASY is in line with the industry average of 8.38%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.93% | ||
| ROE | 16.03% | ||
| ROIC | 8.83% |
ROA(3y)7.2%
ROA(5y)7.06%
ROE(3y)16.21%
ROE(5y)16.18%
ROIC(3y)9.35%
ROIC(5y)9.44%
1.3 Margins
With an excellent Profit Margin value of 3.57%, CASY belongs to the best of the industry, outperforming 90.00% of the companies in the same industry.
In the last couple of years the Profit Margin of CASY has grown nicely.
CASY's Operating Margin of 5.11% is amongst the best of the industry. CASY outperforms 90.00% of its industry peers.
CASY's Operating Margin has improved in the last couple of years.
CASY has a Gross Margin of 23.36%. This is comparable to the rest of the industry: CASY outperforms 45.00% of its industry peers.
CASY's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.11% | ||
| PM (TTM) | 3.57% | ||
| GM | 23.36% |
OM growth 3Y-2.59%
OM growth 5Y7.28%
PM growth 3Y-2.06%
PM growth 5Y9.14%
GM growth 3Y-5.93%
GM growth 5Y1.51%
2. Health
2.1 Basic Checks
CASY has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
CASY has less shares outstanding than it did 1 year ago.
CASY has more shares outstanding than it did 5 years ago.
CASY has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 4.89 indicates that CASY is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 4.89, CASY is in the better half of the industry, outperforming 72.50% of the companies in the same industry.
CASY has a debt to FCF ratio of 6.67. This is a slightly negative value and a sign of low solvency as CASY would need 6.67 years to pay back of all of its debts.
CASY has a Debt to FCF ratio of 6.67. This is comparable to the rest of the industry: CASY outperforms 57.50% of its industry peers.
CASY has a Debt/Equity ratio of 0.74. This is a neutral value indicating CASY is somewhat dependend on debt financing.
CASY has a Debt to Equity ratio of 0.74. This is comparable to the rest of the industry: CASY outperforms 42.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.74 | ||
| Debt/FCF | 6.67 | ||
| Altman-Z | 4.89 |
ROIC/WACC1.02
WACC8.62%
2.3 Liquidity
CASY has a Current Ratio of 0.88. This is a bad value and indicates that CASY is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of CASY (0.88) is worse than 77.50% of its industry peers.
CASY has a Quick Ratio of 0.88. This is a bad value and indicates that CASY is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of CASY (0.49) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.88 | ||
| Quick Ratio | 0.49 |
3. Growth
3.1 Past
CASY shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 13.80%, which is quite good.
The Earnings Per Share has been growing by 19.50% on average over the past years. This is quite good.
CASY shows a small growth in Revenue. In the last year, the Revenue has grown by 2.60%.
CASY shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.71% yearly.
EPS 1Y (TTM)13.8%
EPS 3Y16.93%
EPS 5Y19.5%
EPS Q2Q%14.39%
Revenue 1Y (TTM)2.6%
Revenue growth 3Y19.51%
Revenue growth 5Y9.71%
Sales Q2Q%-2.89%
3.2 Future
Based on estimates for the next years, CASY will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.33% on average per year.
CASY is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.66% yearly.
EPS Next Y8.51%
EPS Next 2Y11.39%
EPS Next 3Y11.35%
EPS Next 5Y11.33%
Revenue Next Year7.88%
Revenue Next 2Y8.99%
Revenue Next 3Y7.37%
Revenue Next 5Y5.66%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 28.04, the valuation of CASY can be described as expensive.
CASY's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of CASY to the average of the S&P500 Index (28.29), we can say CASY is valued inline with the index average.
With a Price/Forward Earnings ratio of 24.15, CASY is valued on the expensive side.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CASY is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of CASY to the average of the S&P500 Index (24.44), we can say CASY is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.04 | ||
| Fwd PE | 24.15 |
4.2 Price Multiples
CASY's Enterprise Value to EBITDA is on the same level as the industry average.
The rest of the industry has a similar Price/Free Cash Flow ratio as CASY.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.8 | ||
| EV/EBITDA | 15.21 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CASY does not grow enough to justify the current Price/Earnings ratio.
CASY has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)3.29
PEG (5Y)1.44
EPS Next 2Y11.39%
EPS Next 3Y11.35%
5. Dividend
5.1 Amount
With a yearly dividend of 0.51%, CASY is not a good candidate for dividend investing.
CASY's Dividend Yield is a higher than the industry average which is at 2.47.
Compared to an average S&P500 Dividend Yield of 2.28, CASY's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.51% |
5.2 History
The dividend of CASY is nicely growing with an annual growth rate of 8.52%!
CASY has been paying a dividend for at least 10 years, so it has a reliable track record.
CASY has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)8.52%
Div Incr Years25
Div Non Decr Years34
5.3 Sustainability
CASY pays out 12.54% of its income as dividend. This is a sustainable payout ratio.
CASY's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP12.54%
EPS Next 2Y11.39%
EPS Next 3Y11.35%
CASEY'S GENERAL STORES INC
NASDAQ:CASY (1/21/2025, 8:00:00 PM)
After market: 402.16 -0.25 (-0.06%)402.41
+10.9 (+2.78%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)
Earnings (Next)
Inst Owners87.75%
Inst Owner Change-0.84%
Ins Owners0.5%
Ins Owner Change-3.36%
Market Cap14.94B
Analysts78.18
Price Target439.58 (9.24%)
Short Float %2.03%
Short Ratio3.2
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.51% |
Yearly Dividend1.69
Dividend Growth(5Y)8.52%
DP12.54%
Div Incr Years25
Div Non Decr Years34
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.87%
Min EPS beat(2)4.69%
Max EPS beat(2)11.06%
EPS beat(4)4
Avg EPS beat(4)13.97%
Min EPS beat(4)4.69%
Max EPS beat(4)33.31%
EPS beat(8)7
Avg EPS beat(8)12.67%
EPS beat(12)10
Avg EPS beat(12)11.54%
EPS beat(16)13
Avg EPS beat(16)10.09%
Revenue beat(2)0
Avg Revenue beat(2)-3.68%
Min Revenue beat(2)-4.04%
Max Revenue beat(2)-3.31%
Revenue beat(4)1
Avg Revenue beat(4)-3.37%
Min Revenue beat(4)-7.55%
Max Revenue beat(4)1.44%
Revenue beat(8)1
Avg Revenue beat(8)-2.98%
Revenue beat(12)1
Avg Revenue beat(12)-2.48%
Revenue beat(16)4
Avg Revenue beat(16)-1.43%
PT rev (1m)3.5%
PT rev (3m)3.4%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.46%
EPS NY rev (1m)0%
EPS NY rev (3m)1.91%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)4.54%
Revenue NY rev (1m)0.6%
Revenue NY rev (3m)-1.57%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.04 | ||
| Fwd PE | 24.15 | ||
| P/S | 1 | ||
| P/FCF | 36.8 | ||
| P/OCF | 15.51 | ||
| P/B | 4.48 | ||
| P/tB | 5.57 | ||
| EV/EBITDA | 15.21 |
EPS(TTM)14.35
EY3.57%
EPS(NY)16.66
Fwd EY4.14%
FCF(TTM)10.94
FCFY2.72%
OCF(TTM)25.95
OCFY6.45%
SpS403.39
BVpS89.91
TBVpS72.2
PEG (NY)3.29
PEG (5Y)1.44
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.93% | ||
| ROE | 16.03% | ||
| ROCE | 11.57% | ||
| ROIC | 8.83% | ||
| ROICexc | 9.32% | ||
| ROICexgc | 10.42% | ||
| OM | 5.11% | ||
| PM (TTM) | 3.57% | ||
| GM | 23.36% | ||
| FCFM | 2.71% |
ROA(3y)7.2%
ROA(5y)7.06%
ROE(3y)16.21%
ROE(5y)16.18%
ROIC(3y)9.35%
ROIC(5y)9.44%
ROICexc(3y)9.84%
ROICexc(5y)9.96%
ROICexgc(3y)11.53%
ROICexgc(5y)11.19%
ROCE(3y)12.26%
ROCE(5y)12.49%
ROICexcg growth 3Y5.72%
ROICexcg growth 5Y8.62%
ROICexc growth 3Y2.21%
ROICexc growth 5Y6.53%
OM growth 3Y-2.59%
OM growth 5Y7.28%
PM growth 3Y-2.06%
PM growth 5Y9.14%
GM growth 3Y-5.93%
GM growth 5Y1.51%
F-Score5
Asset Turnover1.94
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.74 | ||
| Debt/FCF | 6.67 | ||
| Debt/EBITDA | 2.16 | ||
| Cap/Depr | 149.69% | ||
| Cap/Sales | 3.72% | ||
| Interest Coverage | 11.67 | ||
| Cash Conversion | 84.7% | ||
| Profit Quality | 75.87% | ||
| Current Ratio | 0.88 | ||
| Quick Ratio | 0.49 | ||
| Altman-Z | 4.89 |
F-Score5
WACC8.62%
ROIC/WACC1.02
Cap/Depr(3y)136.34%
Cap/Depr(5y)150.04%
Cap/Sales(3y)3.06%
Cap/Sales(5y)3.81%
Profit Quality(3y)100.18%
Profit Quality(5y)88.24%
High Growth Momentum
Growth
EPS 1Y (TTM)13.8%
EPS 3Y16.93%
EPS 5Y19.5%
EPS Q2Q%14.39%
EPS Next Y8.51%
EPS Next 2Y11.39%
EPS Next 3Y11.35%
EPS Next 5Y11.33%
Revenue 1Y (TTM)2.6%
Revenue growth 3Y19.51%
Revenue growth 5Y9.71%
Sales Q2Q%-2.89%
Revenue Next Year7.88%
Revenue Next 2Y8.99%
Revenue Next 3Y7.37%
Revenue Next 5Y5.66%
EBIT growth 1Y11.45%
EBIT growth 3Y16.41%
EBIT growth 5Y17.69%
EBIT Next Year73.29%
EBIT Next 3Y28.72%
EBIT Next 5Y19.64%
FCF growth 1Y-7.55%
FCF growth 3Y0.74%
FCF growth 5Y22.24%
OCF growth 1Y17.55%
OCF growth 3Y3.56%
OCF growth 5Y10.97%